Early hour movement may see sideways consolidation above 25129
Sustaining above 25129 with strong volume may trigger short covering rally
Next possible upside level is 25177
If momentum continues Nifty can test 25248
Weakness may appear if Nifty fails to hold 25065.samjhe?
A break below 25065 could drag Nifty towards 25025
Further downside targets are 24948 and 24873
Key support zone lies between 25025 to 24873
Resistance cluster is between 25127 to 25248
Traders should watch volume confirmation
Avoid trading in fake breakout zones near 25100 to 25150 until confirmed
Sustaining above 25129 with strong volume may trigger short covering rally
Next possible upside level is 25177
If momentum continues Nifty can test 25248
Weakness may appear if Nifty fails to hold 25065.samjhe?
A break below 25065 could drag Nifty towards 25025
Further downside targets are 24948 and 24873
Key support zone lies between 25025 to 24873
Resistance cluster is between 25127 to 25248
Traders should watch volume confirmation
Avoid trading in fake breakout zones near 25100 to 25150 until confirmed
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.